ERIC Number: ED348739
Record Type: RIE
Publication Date: 1992
Reference Count: N/A
Retirement and Retiree Health Benefits Provisions Survey, 1990-91.
National Education Association, Washington, DC. Research Div.
Findings of a national survey that examined retirement and retiree health benefits provisions are presented in this document. A 1990-91 survey mailed to all state and local retirement plans in which education employees participate elicited responses from 53 state-sponsored and 5 local-sponsored plans (representing a total active membership of 6.4 million employees). The latest in the National Education Association's 20-year-old series, this report includes a section on health benefits provisions, with 24 of the plans reporting a health insurance option for retirees. Characteristics of plans for education employees only and those for all public employee retirees and their varying benefits are described. The following other areas are discussed: retirement eligibility (normal retirement age, early retirement age, vesting, portability); legislation and governance (composition and authority of boards of trustees, recent pension legislation); and funding (employee and employer contributions, investment policies). Thirty-one tables are included. Appendices contain benefit formula/accrual rates, retirement eligibility requirements, employee and employer contribution rates, plan membership and financial information, and retirement system health insurance information. (LMI)
Descriptors: Early Retirement, Elementary Secondary Education, Government Employees, Health Care Costs, Health Insurance, Personnel Policy, Retirement Benefits, Statewide Planning, Teacher Employment Benefits, Teacher Retirement
NEA Professional Library, P.O. Box 509, West Haven, CT 06516.
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: National Education Association, Washington, DC. Research Div.